The Wet Seal, Inc. (WTSL) Reports In-Line Q1 Loss; Issues Q2 Outlook

The Wet Seal, Inc. (NASDAQ: WTSL) reported Q1 EPS of ($0.18), in-line with the analyst estimate of ($0.18). Revenue for the quarter came in at $116.7 million versus the consensus estimate of $117.4 million.

The Wet Seal, Inc. sees Q2 2014 EPS of ($0.12)-($0.09), versus the consensus of ($0.04). Guidance includes a loss of $0.02 per diluted share from the Arden B business segment. The guidance is based on a comparable store sales decline, including e-commerce ranging from 8% to 11%.

For earnings history and earnings-related data on The Wet Seal, Inc. (WTSL) click here.

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